Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Telly's I's makes white T-shirts in lots of 12 that they sell for $12 per lot. This month they plan to make and sell 500
Telly's I's makes white T-shirts in lots of 12 that they sell for $12 per lot. This month they plan to make and sell 500 lots and have the following standards: DM: 12 meters per lot @ $1.50 per meter DL: 2 DLH per lot @ $16.00/hour VOH: $10.00 per DLH FOH: $9,000 per month Actual results for the month are: 585 lots made and sold with $12,710 in DM for 7,320 meters of material and $15,850 for 1,055 DLH and $10,750 in VOH and $9,205 in fixed OH. Enter a negative number for unfavorable variances and a positive number for favorable variances. Calculate the DL Rate Variance
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started